In a medium size microwave safe bowl, add chocolate chips and microwave for 40-45 seconds. Stir chips, they will continue melting as you stir. Add honey and vanilla and continue stirring.
Add Peanut Butter and mix thoroughly. Add dried cherries, pistachios protein powder and oats. Continue to stir until fully combined. Depending on the consistency you may need to add a little splash of honey to fully mix together. Refrigerate for 5 minutes (it's easier to roll the balls when the mixture is a little chilled).
Use your hands to form one inch balls. If desired put coconut flakes, mixed nuts, or unsweetened cocoa powder on a small plate and roll the protein ball to coat the ball.